Originally Posted by
Tech78
The balance is approximately $110,000. I just received notification that the payout this year (2017-2018) is $4,250.
I currently plan on holding this amount to combine with next year's payout to see if it could meet a larger need, assuming something is identified.
Donations received by end of August 2017 will be used in next year's payout calculation - write those checks now and note they are for the Athletics Enhancement Endowment. Thanks to everyone for contributing to the long-term support of Tech Athletics.
The payout history for the endowment:
2008-2009 -- $ 981 for Athletics ticketing system
2009-2010 -- $ 683 for Athletics facilities landscaping improvements
2010-2011 -- $1,111 for Tech logos at JAS
2011-2012 -- $1,871 for equipment updates for sports medicine / trainers
2012-2013 -- $2,165 lights for soccer field
2013-2014 -- $2,473 athletic's scholarship fund
2014-2015 -- $3,310 Sport and Movement Laboratory
2015-2016 -- $3,706 Sport and Movement Laboratory
2016-2017 -- $4,026 Soccer / Tennis Locker Room Renovation
2017-2018 -- $4,250 Holding until next year
Total to date $24,576 paid out.
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